Member Info for Setanta1

The answer to your question,tom111, is that the trades which affect the SP are probably being worked in the background. The kind, and the size of trades we've seen here today have no affect on the SP. Nor do the comments of bulletin board posters as such. That's all in the hands of MMs and the company's brokers etc.,

That is BC,(Before Consolidation), todays price would have been .18p. And I was derided when I posted that it would never reach .53p again. I didn't mind the derision. I had just lost all faith in the BOD. Never agreed with the HW buyout. I felt they ought to have stuck to the storage project. Sad to see what's happening. From the beginning of the HW era INFA was always dependent on a government handout. That all probably changed when the government ceased to need Unionist Party support.Double sad to see!

fallback after two days without fresh news. The part of 87 piddling trades that are sells does not in any way constitute a "tree shake". The most likely reason for the fall is that th MMs are,yet again ,lowering the SP to accommodate a few large buyers.

3.5m shares traded, more buys than sells, and the SP falls almost 10%. A big sell, a big buy, more warrants being traded ? Or what?
Bless you British Mike, and I'm sure you have some good points to make, but your latest posting is complete gobbledegook.

theyknowitall, I understand your comment about the OCE warrants but I don't think they need to RNS an exercise.But I had a feeling on last Thursday that OCE were exercising warrants, and I noted that CH made no direct mention of the fall in the SP in his subsequent interview. Also clearly the interviewer had been blocked from asking him to comment! By the way TPI are making an absolute killing from their association with Zephyr. In accepting warrants instead of fees they have the advantage of know absolutely everything that is likely to occur with the company.They are,in effect, insiders.
I have never felt that the granting of warrants is a good practise. It smacks of the poorest companies in AIM, and the outcome is usually contrary to interests of ordinary shareholders who pay the piper down the line. I can't recall any warrants activity which , of itself , has advantaged day to day shareholders. This is no exception. Enjoy the rest of the weekend.

I was also aware of the 72249091 warrants.

Thanks, theyknowitall, I was aware of the 32.25 m warrants granted to TP in relation to the £10m placing on 29 March but I'd also like to know the whereabouts of the other 30M. I have a lot of dosh invested here and I tend to keep meticulous notes . I also wish the company would pay for the services which are related to the warrants. I dislike warrants because they tend to be a burden overhanginging the SP. Go well.

Where are the 65M warrants that are still to be issued. I've checked the Rns's but I haven't found them. And what's the difference between fees and payment for services in relation to Turner Pope? And might it not be better to pay the broker for their services than to create dilution by granting them warrants?

Yes, Ismalia, the warrants exercised will bring in about £400K, and, since they appear to have been traded will have brought in about £3.6 million to the exerciser,( our broker Turner Pope, I think. Part of the 70M they were granted, I also think ). A tenfold increase for work they did eight months ago. Nice work if you can get it!

I have to confess that I don't give much credence to charts in relation to AIM shares. But leaving that aside in your good post, I think there are a few points of interest.
The first is that the warrants were admitted to trading on 30 June, just a couple of days ago and the fact is that the SP had reached a high of 7.1p just two days earlier. I t fell to 5.5p on 1 July, ( a fall of 22.5 % ). It has since recovered to 5.93p, so the overall fall to date has been 16.5%. So even if one allows for the dilution brought about by the admission of the warrants/ shares the fall was notable.
Did anyone get the impression that some of the warrants may have been exercised by some of the BOD? No complaint, just an ancillary question!
My enthusiasm for ZPHR is undimmed, but the events of the last few days have added a note of caution to that enthusiasm. Enjoy your weekend theyknowitall.

Obviously 6P was the aim but the MMs overshot the fall a bit.
Thebhoys, of course I liked the interview with CH, but you will note that he made no mention of the SP fall! I imagine we're where they want us to be for now. Unless there is another asset buy or farm in I think we may be fairly static until, at least, the spud of the lateral well drill in, (say), a couple of weeks. By the way Ithink you were very astute to buy in the last couple of days while all the mayhem and ill informed posting was going on. Go well.

Plenty of buys but the MMs won't let it rise. Typical of a managed share.

Drakouna, there wouldn't be an RNS. Turner Pope is a broker, not a shareholder. As for "massive selling", reportedly there have bee more buys than sells over the past two days but the SP has fallen dramatically. Undoubtedly the MM's are "managing" the SP, probably with the acquiesence of the company. Nobody likes it, I certainly don't, but it's a marker for ones future confidence in the BOD! Or that's how I see it.

Thanks , papaduke, you've filled in some important gaps that I left out. Go well.

Posters insist in looking for simplistic reasons for the fall in the SP today.
50M shares were traded and reportedly 30M of those were buys. And the SP fell 15%! No rationale there. The, (at times), shaky RNS was not written to give any impetus to the SP and it did the job very well.
The fall had little or nothing to do with profit takers selling. It was managed by the Market Makers, most probably at the company's behest since they did not want the SP to skyrocket, as it would have if the report had been as positive as we were led to believe it would be. Reasons ? Difficult to gauge. Possible reasons in the forthcoming USA listing, and in the possible wish to raise cash for some meritorious buy in.
Lastly, this has happened before with ZPHR, and fairly recently at that. I believe there is clear management of the SP. This BOD isn't composed of amateurs!
But it hasn't dampened my enthusiasm. It's just made me question my own exit price, which clearly hadn't been reached before the start of trading this morning!

a wishy washy RNS , that's all. But there was a reason for that too, because the content didn't give any bad news. Let's see whether CH follows with an interview. This time I think he will not!
A way of suggesting that the BOD didn't want the SP to rise any further at this time. Protecting a possible future fund raise? Remember the impending US listing too!

to let allonred85 have his say. He puts his case fairly well and it's always good to have a contrary opinion. The upcoming results and the drilling progress, added to possible further acquisitions, together,and in fairly short order will answer all the questions. Some folk like an argument, and that's OK too. So live and let live.
What any poster here says isn't going to make any difference to the SP. Future progress and the markets will take care of that. Relax!

the evaluation results of the overlying reservoirs at Cane Creek are due for publication this week. If they are good that should drive the SP upwards. If they are very good that should really drive the SP upwards!

means there is poor demand for buying or selling the shares. The market makers know that and they are just playing at making a market while they take their commission. There wasn't an important trade over the past two days. A million shares is not a large trade. The illiquidity has being going on for some time apart from when some important news surfaced. When is the last time we saw any intervention from an institutional trader? All we're seeing is small time private investors tooling around to the tune of the MM's tune.

From posters who should have more sense. From the" large orders "and "big buyers" theories of Sloppy Joe and and the "some people taking profit" (although there are way more buys than sells), of Sharealot we are seeing some bizarre commentaries here today!
The fact is that the share is extremely illiquid and it is , thus , very difficult to trade. The average trade amount is puny and so the MMs are having a field day and gaining huge rewards while they're at it. The average trade of 30 or 40 K is derisory.
I'm certain our astute BOD see the problem and that's why they are taking steps to try to rectify it. We're seeing a few hundred small trades every day which doesn't lead anywhere apart from an engineered SP fall so that the MMs can take advantage.